RALEIGH, N.C. (AP) _ Highwoods Properties Inc. (HIW) on Tuesday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Raleigh, North Carolina-based real estate investment trust said it had funds from operations of $90.7 million, or 85 cents per share, in the period.

This could indicate that investors who seek to profit from falling equity prices are not currently targeting HIW. Over the last one-month, outflows of investor capital in ETFs holding HIW totaled $954 million.

The Raleigh, North Carolina-based real estate investment trust said it had funds from operations of $88.7 million, or 84 cents per share, in the period. The average estimate of nine analysts surveyed by ...

Rush hour on Poplar Avenue can be a doozy — especially near a heavily traveled intersection sandwiched between two of the corridor's largest office buildings. The traffic light that connects the nine-story, 339,000-square-foot Crescent Center and the adjacent three-building Triad Centre office complex has seen its fair share of traffic incidents over the years. To help mitigate the issue, the City of Memphis is installing a flashing yellow left turn signal for eastbound and westbound traffic, beginning next week, similar to the Union Avenue and McLean Boulevard signal that was installed in 2016 in Midtown .

When MetLife announced in May that it was expanding its plans for its Cary tech hub , execs told Triangle Business Journal that significant headcount growth is likely, though they weren't specific. On Friday, in front of Gov. Roy Cooper at a groundbreaking for the third building at its Cary campus, the company revealed the number: 500 new jobs. The latest move to expand further validates MetLife’s decision to bring the tech center to Cary in the first place.

The real estate investment trust, based in Raleigh, North Carolina, said it had funds from operations of $90.9 million, or 86 cents per share, in the period. The average estimate of nine analysts surveyed ...

Analysts covering Highwoods Properties Inc (NYSE:HIW) are predicting double-digit earnings per share growth of 23.56% over the following three years. With the recent EPS being $1.254, expected growth will pushRead More...